Oracle has launched a global online accelerator to help startups harness ‘cloud-based innovation’.

The Oracle Scaleup Ecosystem initiative is a non-residential platform designed to facilitate ‘hyper growth’ by giving participants access to a range of digital support tools focussed on areas including R&D, and sales.

“Oracle Scaleup Ecosystem is a new global program that allows us to reach more innovators and entrepreneurs, regardless of location, including later-stage scaleup companies who need access to Oracle Cloud solutions and resources without the hands-on offerings our residential program provides. We’re building an ecosystem that enables tangible business value, customer growth and revenue—for the startups, our customers and Oracle,” said Reggie Bradford, Oracle senior vice president, Startup Ecosystem and Accelerator.

Applications for the online accelerator are accepted on a rolling basis.